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>stock market

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Thread replies: 19
Thread images: 2

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>lost half of my savings in 1½ month
>>
>>1047360
it will bounce back eventually, just chill on it
>>
>>1047360

>buying high

I personally try to time the market. I graduated in 2008 so I didn't save up money and invest in the stock market until the DOW was down to ~7,000 level. I moved it all to cash around a year ago when the DOW hit 15,000 since I thought stocks were overpriced and there would be a correction. I missed out on some gains, but I'll reinvest once we have another recession.
>>
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>>1047362
he sold
>>
>>1047364
nope

if i sold i would have been able to buy back all my shares

it's just going steeply downhill with no sign of stopping yet

i feel like it's too late to sell at this point but it's felt too late to sell for more than a month...
>>
>>1047363
nah datz stoopid :/
>>
>>1047360
It's only a realised loss when you sell for a loss. Till then, it's just a potential one.

Give it a couple of years.
>>
>>1047365
>if i sold i would have been able to buy back all my shares
*for cheaper
>>
>>1047365
it is too late to sell.
>>
Sell your shares and buy ethereum.
>>
>>1047373
imo it's way too late to speculate in memecoins

if anything you should make your own cryptocurrency

just my opinion
>>
>>1047378
ok so apparently it's a bit more than just a cryptocurrency
>The intended purpose of the Ethereum Project is to build and proliferate a decentralised and pseudonymous replacement for the World Wide Web: incentivized static content publication (Swarm), pseudonymous low-level messaging system (Whisper), trustless transactions (Ethereum) and an integrated user-interface (Mist).

but anything purely software-based and i'm out
>>
>>1047382
it also has the potential to make the bitcoin bubble look like childs play.

Ah well, snoozer's losers
>>
How the fuck did you manage to do that?
I couldnt have lost that much if I tried.
>>
>>1047360
>>>1047364
>nope
>if i sold i would have been able to buy back all my shares
>it's just going steeply downhill with no sign of stopping yet
>i feel like it's too late to sell at this point but it's felt too late to sell for more than a month...

The companies I've invested in seem to have some exposure in providing services to the oil industry, so they too have gone down... But once the oil price stabilizes I'm pretty sure I'll see my portfolio rise again
>>
>>1047453
it's really around -26% down from my all-time high but i loaned money to put in the stock market so...
>>
>>1047478
so my total value minus borrowed money has halved
>>
>>1047478
Wait. You borrowed money to put into stocks.

If your interest rate isn't rock bottom I'm calling troll.
>>
my stocks went up 5% today

or 13.2% in terms of gains relative to value minus debt

not expecting any miracle tomorrow but there might still be hope

>>1048070
well it worked quite well until this piss sour bear market struck. the halving was relative to the amount i had gotten with the help of the borrowed money so i'm not doing all that bad in the grand scheme of things, just sucks to have lost this much money in this little amount of time. "easy come, easy go"
Thread posts: 19
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